Cape Cod Duplex with In-Law
88-90 Old Pool Road Biddeford, ME 04005
For Sale
$1,549,000
MULTI_FAMILY - Cape Cod - Biddeford, ME
Property Size3,800 SF
Lot Size4.07 Acres
Price / SF$407.63
Days on Market22
Property Features for 88-90 Old Pool Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CR
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Basement, Bathroom 1
- Parking features
- Open, Off Street
- Patio and Porch features
- Porch, Deck
- Pets allowed
- No
- Interior features
- In-Law Apartment, 1st Floor Bedroom, Bathtub, Shower, Storage, Primary Bedroom w/Bath
- Basement
- Walk-Out Access
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 4.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8679
Utilities
- Sewer type
- Septic Tank
- Heating system
- Oil, Forced Air
- Water source
- Public
- Water front features
- Stream
Building Details
- Year built
- 1853
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Linoleum, Carpet, Wood
- Building materials
- Wood Frame, Aluminum Siding, Vinyl Siding, Wood Siding
- Roof type
- Shingle
- Architectural style
- Cape Cod
- Additional Structures
- Outbuilding, Storage
Listing Agency:
Portside Real Estate Group
(207) 204-0465
Listed By:
Lisa Smith
(207) 400-7677
Added: Jul 3
Changed: Jul 9
Last Checked: Jul 24 at 9:06PM
MLS# 1661738
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This expanded Cape Cod-style duplex includes a spacious single-family home with wood floors and abundant natural light, along with an attached, fully functional, legal in-law apartment. The property is described as having four bedrooms and four baths within the residence. In addition to the main living spaces, there is an expansive original barn featuring an oversized garage and a second-floor office. The grounds also include a large versatile studio space and a screened gazebo.
The property is located at 88-90 Old Pool Road in Biddeford, Maine, and is listed as being about one mile from Middle Beach and the University of New England. The setting is described as semi-rural, situated on 4.07 acres that include a private pond and mature woods.
Also noted are the presence of a pond, mature woods, and multiple structures that may support a variety of residential or flexible-use setups, subject to applicable approvals for any contemplated conversions of the studio space into an ADU.
The property is located at 88-90 Old Pool Road in Biddeford, Maine, and is listed as being about one mile from Middle Beach and the University of New England. The setting is described as semi-rural, situated on 4.07 acres that include a private pond and mature woods.
Also noted are the presence of a pond, mature woods, and multiple structures that may support a variety of residential or flexible-use setups, subject to applicable approvals for any contemplated conversions of the studio space into an ADU.
Key Highlights
- 1853 Cape Cod farmhouse on 4.07 acres with a private pond and mature woods
- Includes a fully functional, legal in‑law apartment for multi‑generational living or rental use
- Home features 4 bedrooms and 4 baths with wood floors and abundant natural light
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.7k | $25.44 |
| − Vacancy | −$4.8k | −$1.26 |
| EGI | $91.9k | $24.18 |
| − OpEx | −$27.6k | −$7.25 |
| NOI | $64.3k | $16.93 |
3,800 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$919.0K
$804.1K – $1.07M
NOI $64,327 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$838.9K
$734.1K – $978.8K
NOI $58,726 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,321 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Expanded Cape Cod duplex offers wood floors, natural light, and a legal in-law apartment plus additional barn and studio space.
Where is this duplex located?
The property is located at 88-90 Old Pool Road Biddeford, ME.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: 1853 Cape Cod farmhouse on 4.07 acres with a private pond and mature woods; Includes a fully functional, legal in‑law apartment for multi‑generational living or rental use; Home features 4 bedrooms and 4 baths with wood floors and abundant natural light
